-LRB- CNN -RRB- -- Real Madrid confirmed the signing of Fabio Coentrao from Benfica on Tuesday , with the Portugal international signing a six-year deal .

The 23-year-old defender is the fifth new signing to arrive at the Bernabeu since the off-season transfer window opened with the culmination of the most recent league campaign .

The left-back , who was one of his country 's stand-out performers at the 2010 World Cup , said it was a dream come true to join the nine-time European champions .

`` Every footballer dreams of playing for Real Madrid , '' the defender told Real 's official web site .

`` I wanted to since I was a child . I used to imagine playing for this team . It was my dream and it has now come true . I hope to earn continuity and to show people I 'm ready to play here . ''

The move will see Coentrao link up with his compatriot Jose Mourinho , the head coach who led Los Blancos to second place in the Spanish First Division last season .

`` He is the best coach in the world , '' Coentrao said of the former Chelsea and Inter Milan boss . `` It makes me proud to have the chance to work with him . ''

Coentrao , who previously played in Spain during a loan spell with Real Zaragoza in 2008 , has played for Portugal on 12 occasions since making his debut in 2009 .

Coentrao joins fellow new arrivals at Real , Turkish international duo Nuri Sahin and Hamit Altintop , who moved from Borussia Dortmund and Bayern Munich respectively .

Winger Jose Callejon has arrived from Espanyol and young French defender Raphael Varane has been signed from Lens .

Elsewhere , Manchester City completed their second signing of the week after Roberto Mancini 's team announced the acquisition of Montenegro defender Stefan Savic .

The 20-year-old joins the City of Manchester Stadium outfit from Partizan Belgrade on a four-year contract .

Savic 's arrival comes just two days after the Citizens completed a deal for left-back Gael Clichy , who moved from English Premier League rivals Arsenal .

The center-back faced a number of his new teammates during Montenegro 's 0-0 draw with England in October 2010 , and is looking forward to working with so many international players .

`` I never imagined that I 'd be teammates with all those City players within a year and I 'm so happy to be at this club , '' Savic told City 's web site .

`` I watch the Premier League all the time and I know it 's the place to be so I am just looking forward to helping this club achieve great things . We have an incredible stadium and I 've seen how passionate the City fans are many times on TV .

`` Montenegro play England later this year so I 'm expecting to have some great banter with the England lads . I 'm just really happy to be a City player . ''

There was also transfer activity at Inter Milan on Wednesday , as they agreed a deal with Argentine team Velez Sarsfield for attacker Ricardo Alvarez .

Inter have agreed to pay $ 17m for 90 % of the 23-year-old 's contract with an option to purchase the remaining 10 % at a later date , according to Velez 's web site .

Meanwhile , Scottish champions Rangers have completed a deal for Almeria 's Juan Manuel Ortiz .

The 29-year-old former Atletico Madrid winger has signed a three-year contract at Ibrox .

@highlight

Real Madrid have completed the signing of Portugal defender Fabio Coentrao

@highlight

Coentrao will join from Benfica for a fee believed to be in the region of $ 43 million

@highlight

NEW : Manchester City have announced the arrival of Stefan Savic from Partizan Belgrade